Bill no. T/10537 for the Amendment of Certain Tax Laws and Act CXXII of 2010 on the Hungarian Tax and Customs Authority is already available on the Parliament’s website. The bill contains the following important changes:

Companies may request preliminary rulings regarding the VAT liabilities relating to cross-border transactions from the tax authorities of the Member States participating in the CBR pilot project. Currently, rulings may be requested in 15 member states (Belgium, Cyprus, the United Kingdom, Estonia, Finland, France, the Netherlands, Latvia, Lithuania, Hungary, Malta, Portugal, Spain, Slovenia and Sweden).

The Cross-Border Ruling (CBR) system intended to support preliminary decision making launched in June 2013 as a test case for 18-months under the framework of the EU VAT Forum was evaluated after one year.

At its meeting held in Tokyo, Japan on 17-18 April 2014 and attended by the representatives of more than 100 countries and international organisations, the Organization for Economic Coordination and Development (OECD) discussed and approved the Guidelines on certain issues of the VAT treatment of international transactions.

Taxpayers will be able to meet registration, tax return filing and tax payment obligations efficiently through the One Stop Shop VAT system selectable from 2015 in which the relevant obligations can be fulfilled through one registration, filing only one tax return per period and making only one transfer.

From the coming year, the service providers providing telecommunication, broadcasting and electronic services (hereinafter: “TBE services”) to individuals will have to fulfil their VAT obligations in each member state in which the individuals using their services have their permanent address or place of stay, perhaps in each of the 28 member states of the EU. Registration, tax return filing and tax payment obligations can be fulfilled efficiently from 2015 in the One Stop Shop system taxpayers can choose to apply for this purpose. The main point of the One Stop Shop system is that the relevant obligations can be fulfilled through one registration, filing only one tax return per period and making only one transfer.

Social links

Our Services

Any articles or publications contained within this website are not intended to provide specific business or investment advice. No responsibility for any errors or omissions nor loss occasioned to any person or organisation acting or refraining from acting as a result of any material in this website can, however, be accepted by the author(s) or RSM International. You should take specific independent advice before making any business or investment decision.

RSM Hungary is a member of the RSM network and trades as RSM. RSM is the trading name used by the members of the RSM network. Each member of the RSM network is an independent accounting and consulting firm each of which practices in its own right. The RSM network is not itself a separate legal entity of any description in any jurisdiction. The RSM network is administered by RSM International Limited, a company registered in England and Wales (company number 4040598) whose registered office is at 50 Cannon Street, London EC4N 6JJ. The brand and trademark RSM and other intellectual property rights used by members of the network are owned by RSM International Association, an association governed by article 60 et seq of the Civil Code of Switzerland whose seat is in Zug.

We use cookies for the operation of our website in order to make the individual functions more accessible for visitors and to receive statistical data on the usage of our website. The Help section of your browser can provide more information on the application of cookies. Read more on our data protection policy here.We use cookies on our website in order to make the individual functions more accessible for visitors and to receive statistical data on the usage of our website. The Help section of your browser can provide more information on the application of cookies. Read more on our data protection policy here.More